SPY on the 2H chart shows the past six months of trend. SPY has been in an ascending channel but fall out of the channel. Iran's ambition to retliate against Israel and the movement of US NAVY warships into the the Middle East raises concerrn as does "sticky inflation" and early earnings reports from big banks. On the chart, trend angle analysis suggests the...
Hi everyone, In my last post, I sent you a free signal (link down below) where the target was reached in one day. For today, we going to analyze BINANCE:BTCUSDT . After today's move, we can say that we are bullish on the long term. The main reason for that is because: 1. Volume is increasing exponentially for this range, which we did not experience in...
#BTCUSD $BTC broke out the local support, but now here is a resistance that we just can fine when draw the trend angle. a break and close above this trend line (blue) will take #BTC price to $52k .
Working with angles is something I see myself doing more often lately, meaning they have proven some reliability to me over time. When exactly is still quite intuitive and this publication is also an idea to further explore by other traders and so develop a competitive edge, and therefore should remain secret how to apply in further detail. Here I look at Swiss...
After a recent push ETHO have met resistance from sellers. But now after zone of indecision, we can see that this token regains their gradual push towards unvolatile upward movement. I predict them to go 0.19 USDT because of several indicators such as RSI low point at 1h timeframe, trend angle after correction and candlestick patterns in highlighted zone of...
Bodalchemicals looks good for long bet Targets -200,400 forming trend angle pattern and it will benefit from China plus 1 theme and introduction of antidumping duty on imports by government givesan edge to local chemical manufacturers.
Bitcoin has been in a volatile state these past weeks. Even though many blame it on the current scenario of market turmoil, i believe BTC is behaving the same as it did all these years. Bitcoin tends to follow a period of high volatility and low volatility. My analysis shows that BTC is holding its long term upward trendline on weekly chart which it tested in 2017...
On the daily chart you can see a clear increase in trend angle to the point that this can easily be called a parabolic move. It could still move higher but as soon as the most recent trend angle breaks to the downside with a candle's open price, we can expect to see retracement to one of the fib levels followed by consolidation before we move higher or...
I guess we could have 2 different cenarios here, with the gann fan we can see that the pair is reaching the 2:1 level, with that, and as you can see with the ichimoku Hyo the pair already pass the bottom line from Senkou Span, and are struggling at the top line, are this a probably new support zone? we can see too that the candles are above the blue line( Kijun...